Quote Originally Posted by jk View Post
deepthroat's earlier posts lay out his scenario in more detail. he believes that all the foreign [non-chinese] currency earned by china was recycled through places like the caymans and used to buy a variety of assets. he also believes that every "private" purchase of assets like real estate by chinese nationals was really a straw man purchase by the chinese communist party.

ultimately it will all be shown to be a pump and dump. the money drives up the asset prices. at some key moment xi will signal "sell" and it will all come crashing down. the ccp will then buy back all the assets at fire sale prices and own the world.
But that requires a buyer with available funds so, if I have that correctly, the CCP buys their own asset but using RMB's?